Reforming the EU budgetary procedure: is Codecision a step forward?
AbstractCodecision is the main EU legislative procedure and the 2007 Reform Treaty draft has adopted it to improve the budgetary process. However, at close examination, codecision and the current budgetary process show an identical structure. Both are designed as non-cooperative alternating offers bargaining games between institutions and both, although in different measure, have gone through periods of interinstitutional deadlocks and conflicts, which can be ascribed to the insufficiency of the non-cooperative bargaining setup with respect to the task of providing for joint decision making by the Parliament and the Council of Ministers: in particular, the opportunistic interpretation of the Treaty provisions by the Parliament in the 1980s was one of the consequences of the strict bargaining design. The lacking elements for joint decision-making have been gradually inserted in the procedures by means of informal negotiation institutions, which are not only mechanisms for equilibrium selection but also corrective devices to strict non-cooperative procedures. In the change from the current budgetary procedure to the one designed in the Reform Treaty, the Parliament does not seem to gain a formal â€˜dominant positionâ€™, whereas the Commission improves its scope for action and the Council consolidates its role.
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Bibliographic InfoPaper provided by University of Rome La Sapienza, Department of Public Economics in its series Working Papers with number 114.
Date of creation: Jul 2008
Date of revision:
EUâ€™s finances; legislative codecision; budgetary procedure; 2007 Reform Treaty.;
Other versions of this item:
- Luisa Giuriato, 2009. "Reforming the EU Budgetary Procedure: Is Codecision a Step Forward?," CESifo Economic Studies, CESifo, vol. 55(1), pages 57-93, March.
- D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
- D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
- H77 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Intergovernmental Relations; Federalism
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